It doesn’t matter why the yield curve inverted. There’s only 1 question that matters right now. 1. How much capital trades, inverted? Short term prices are always set by the marginal trader, not by “the market” reflecting a new economic reality. Access to US Treasuries is necessary for many entities rather than an expression of an investment belief. So far volumes on the CME have been elevated but not extraordinary.
Yield Curve Inversion in About 100 Words
Yield Curve Inversion in About 100 Words
Yield Curve Inversion in About 100 Words
It doesn’t matter why the yield curve inverted. There’s only 1 question that matters right now. 1. How much capital trades, inverted? Short term prices are always set by the marginal trader, not by “the market” reflecting a new economic reality. Access to US Treasuries is necessary for many entities rather than an expression of an investment belief. So far volumes on the CME have been elevated but not extraordinary.